Paris, April 21st, 2021
Gilles Rigal, Seven2 representative and Chairman of the Board of Infovista: “5G networks deployments are accelerating all over the world and will have a tremendous impact on the overall telecom industry. We are excited to support Infovista and its management team in the acquisition of Empirix, which represents a major milestone for the company in building a global leader with a complete and comprehensive cloud-native network lifecycle automation platform designed for the 5G era”.
Since its initial investment in Infovista, Seven2 has continuously supported the company and its management team to position itself at the forefront of innovation, notably with the transformational acquisition of TEMS in 2016, a worldwide leader in network testing. Empirix is a leader in network and service testing, performance monitoring, assurance and analytics. It serves Tier 1 Communications Service Providers (“CSPs”) and large Contact Centers of Fortune Global 500 companies. It is headquartered in Billerica, Massachusetts, and employs approximately 300 people worldwide.
With this acquisition, Infovista extends its ability to serve CSPs globally and expands the capabilities of its cloud-native, open platform which manages the entire network lifecycle. This enables the digital transformation of CSPs and the acceleration of 5G deployments while delivering unprecedented efficiency and productivity levels in managing both 5G and legacy networks. It also enables CSPs to deploy new revenue generating services from digital services, IoT, network slicing and monetization of data and network assets.
“The union of Infovista and Empirix provides all of our clients with a unique opportunity to benefit from the advantages of 5G and of IoT. Thanksto network lifecycle automation, we can offer telecom operatorsthe means to increase their productivity, customer experience, and reactivity. With this acquisition, Infovista brings together a team of over 1,000 professionals serving over 1,700 customers across more than 150 countries, including 23 of the top 30 CSPs globally. More than ever, we are an international actor capable of helping clients to accelerate the transformation of their networks and companies”.
said José Duarte, CEO of Infovista.
As part of the operation, Thoma Bravo becomes a minority shareholder of Infovista, with Seven2 remaining the majority shareholder. Transaction terms remain confidential
Contacts:
Enzo Falsanisi : enzo@businesswsociety.com, tel : +33 6 71 87 91 84
Sébastien Rouichi-Gallot : sebastien@businesswsociety.com, tel : +33 6 64 51 25 56
About Seven2 :
Seven2 is a leading European private equity firm based in Paris. With more than 45 years of experience, Seven2 provides long-term equity financing to build and strengthen world-class companies. Funds managed and advised by Seven2 exceed €4.4 billion. These funds invest in fast-growing, middle-market companies across four sectors of specialisation: Tech & Telecom, Consumer, Healthcare and Services
Paris-headquartered Seven2 SAS (www.apax.fr), and London-headquartered Seven2 LLP (www.apax.com), have a shared history but are separate, independent private equity firms.
